November 2018 archive

Final planning for annual governor’s Water Conference

  Online registration is underway for the upcoming Governor’s annual Water Conference and Research Symposium to be held in Midwest City. The ‘early bird’ registration ended Oct. 31 which included a $200 registration rate. As of Nov. 1, the regular rate of $250 is being charged. The event is scheduled for Dec. 5 through the …

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Continental’s Project Springboard is paying off

Continental Resources Inc.’ Project Springboard, a massive exploration effort of a 70-square mile area near Chickasha in the SCOOP play continues to pay off.  The company filed a completion report this week showing one well with production of 1,210 Boed along with 1,290 Mcf of natural gas. The Triple H 4-30-31hs located at 30 7N …

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Permits to drill for Nov. 1, 2018

Permits to drill issued on Nov. 1, 2018. Alfalfa County MOTT A SWDW #1, October 31 2018 16 29N 12W NENWSWNE API: 00323306 Lat: 36.99486571328928, Long: -98.497763803084 TRANS PACIFIC OIL CORPORATION SH, DR, 1000 ft, WELLINGTON(650) Caddo County ESTES #2A-3, September 20 2018 10 5N 9W S2SWNWSW API: 01523302 Lat: 34.91734636941402, Long: -98.14472257400784 DAYLIGHT PETROLEUM LLC DH, …

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Completion reports for Nov. 1, 2018.

  Completion reports for Nov. 1, 2018. BLAINE COUNTY Devon Energy Production Co Lp Mississippi Lime(11354): Oil 460 Gas 2699 Water 1804 Flow 18 15N 11W Pierce 7_6-15n-11w 2hx, August 16, 2018 HH, OIL, TD: 21833 ft Lat: 35.78260, Long: -98.40278 API: 35011239440000 Devon Energy Production Co Lp Mississippian & Mississippi Lime: Oil 1302 Gas 10819 Water 1180 Flow 32 15N 10W Cheetah 32_29-15n-10w 1hx, August …

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Newfield Exploration sold to Canadian firm in $5.5 billion deal

Another major energy purchase was announced this week and it involves a major player in Oklahoma’s STACK play—Newfield Exploration Inc. The Houston-based company is being sold in a $5.5 billion purchase by Canada’s Encana Corp., a firm that had been trimming its oil and gas holdings in the past several years. But this purchase of …

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ConocoPhillips wraps up sale of Barnett Shale holdings

ConocoPhillips announced Thursday it completed its $230 million sale of its Barnett assets to Lime Rock Resources. The sale of properties in Montague, Wise, Denton and Cooke Counties, Texas was announced in  early August. It was the Houston company’s first acquisition in the Fort Worth Basin. Eric Mullins, co-CEO of Lime Rock Resources, said at …

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Mammoth Energy has record 3Q earnings

Record earnings for the third quarter have been announced by Oklahoma City-based Mammoth Energy Services as net income reached $69.5 million. Total revenue was $384 million which represented a 157 percent increase over the third quarter of 2017. A year ago, Mammoth Energy reported a net loss of $800,000. The net income increase amounts to …

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NW Oklahoma site of latest earthquake

Keeping track of the latest small earthquakes, the U.S. Geological Survey reported a 2.5 magnitude event early Thursday morning in northern Oklahoma. It occurred at 1:37 a.m. southwest of Enid near the small town of Ames. The recorders confirmed the quake was about 2 miles southeast of Ames and at a depth of approximately 3 …

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STACK operator reports increased 3Q earnings

One of the operators in Oklahoma’s STACK play, Cactus, Inc. reported increased third quarter revenues totaling $150.7 million, an increase of 8.7% from the second quarter. The Houston-based company said its income from operations rose 12.1% to $52.1 million and net income came to $43.6 million Cash flow for the quarter totaled $41.6 million. Company …

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NASA works to restore Mission Control Room for 50th anniversary of moon landing

In preparation for the 50th anniversary next year of putting man on the moon, NASA is in the middle of restoring its historic Mission Operations Control Room. The first group of the restored Historic Mission Control consoles will be unveiled to reporters on Thursday, Nov. 8 at Ellington Field in Houston. The control room was …

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